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Xtra Lease, a provider of semi-trailer rentals and leases, has ordered 4,000 new trailers for 2020.

American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic.

The extent of the devastation wrought on the European car industry by the coronavirus pandemic came into sharp focus May 29 when a sampling of major vehicle and parts manufacturers from France to Sweden revealed plans for at least 35,000 job cuts.

Used Class 8 pricing fell for the 12th consecutive month compared with a year earlier, down 22% for the largest drop in that extended period, ACT Research reported.

MAC Liquid Tank Trailer has acquired the manufacturing assets of Burch Tank & Truck. Financial details of the transaction announced May 20 were not disclosed.

Boeing Co. and its suppliers climbed as the plane maker resumed production of the 737 Max jetliner while working with regulators to end a yearlong global grounding.

Mitsubishi Fuso Truck and Bus Corp. is exiting the U.S. and Canadian markets as part of a strategic shift to focus on other regions, but will maintain service support for vehicles now on the road, the company announced.

Attorneys for the nation’s largest glider truck manufacturer have asked a federal judge for permission to seek a partial summary judgment to block an attempt by the IRS from collecting $83 million in back taxes and penalties.

Trucking companies have been nimble in adopting changes to their operations both on the road and in the office as a result of the COVID-19 outbreak, industry executives said.